Spotify Technology (SPOT) Asset Utilization Ratio (2018 - 2026)
Spotify Technology's (SPOT) quarterly Asset Utilization Ratio came in at 1.24 in Q1 2026, down 7.04% year-on-year from 1.33 in Q1 2025, and up 10.37% quarter-over-quarter from 1.12 in Q4 2025.
Spotify Technology (SPOT) Asset Utilization Ratio (2018 - 2026) Analysis & Trends
Spotify Technology has disclosed Asset Utilization Ratio across 9 years of filings, most recently posting 1.24 for Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 1.24, down 7.04% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.24 (down 7.04% YoY), and the FY2025 annual result was 1.32, down 14.05% from the prior year.
- Asset Utilization Ratio came in at 1.24 for Q1 2026 at Spotify Technology, up from 1.12 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.68 in Q3 2023 to a low of 1.12 in Q4 2025.
- The 5-year median for Asset Utilization Ratio is 1.51 (2024), against an average of 1.46.
- Across the five-year window, Asset Utilization Ratio soared 38.99% in 2022 and decreased 20.78% in 2025, its largest moves.
- Spotify Technology's Asset Utilization Ratio stood at 1.59 in 2022, then climbed by 4.33% to 1.66 in 2023, then decreased by 16.4% to 1.39 in 2024, then decreased by 19.31% to 1.12 in 2025, then climbed by 10.37% to 1.24 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.24 (Q1 2026), 1.12 (Q4 2025), and 1.15 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 0.05 |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 0.65 |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 0.56 |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 1.24 |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 0.74 | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 0.86 | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | 332.73 |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 0.80 |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 0.49 |
| 10 | Match | 8.04 Bn | 7.01 Bn | 653.28 Mn | 0.79 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.24 |
| Dec 31, 2025 | 1.12 |
| Sep 30, 2025 | 1.15 |
| Jun 30, 2025 | 1.26 |
| Mar 31, 2025 | 1.33 |
| Dec 31, 2024 | 1.39 |
| Sep 30, 2024 | 1.45 |
| Jun 30, 2024 | 1.51 |
| Mar 31, 2024 | 1.59 |
| Dec 31, 2023 | 1.66 |
| Sep 30, 2023 | 1.68 |
| Jun 30, 2023 | 1.62 |
| Mar 31, 2023 | 1.59 |
| Dec 31, 2022 | 1.59 |
| Sep 30, 2022 | 1.56 |
| Jun 30, 2022 | 1.53 |
| Mar 31, 2022 | 1.47 |
| Dec 31, 2021 | 1.39 |
| Sep 30, 2021 | 1.27 |
| Jun 30, 2021 | 1.10 |